Isosorbide Market Size Expected To Be Worth $703.1 Million By 2025

October 2016 | Report Format: Electronic (PDF)

The global isosorbide market is expected to reach USD 703.1 million by 2025, according to a new report by Grand View Research, Inc. Favorable government regulations associated with environmental-friendly products coupled with increasing construction and manufacturing activities are expected to play a major role in product demand over the forecast period.

Growing concern for environmental pollution has led various enterprises to switch to renewable resource based products. Owing to its enhanced eco-friendly nature than other synthetic products, it is expected to gain significant growth as a substitute in a diverse range of packaging and medical applications.

Surging demand for bio-based bulk plastics is expected to drive PEIT volume demand by 33% by 2025.The application segment is anticipated to emerge as the fastest market both in terms of volume and revenue in next nine years.